XML 139 R126.htm IDEA: XBRL DOCUMENT v3.22.1
Financial Statement Schedule I - STATEMENTS OF CASH FLOWS (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities:      
Net income $ 109,876 $ 147,246 $ 166,555
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 282,769 209,118 159,723
Accretion of convertible notes 1,461 388  
Loss (gain) on disposal of property, plant and equipment 83 (253) 1,227
Loss (gain) on change in fair value of derivatives (23,785) (50,001) 22,218
Allowance for credit losses 7,615 9,874 1,250
Share-based compensation 8,808 12,350 10,682
Changes in operating assets and liabilities:      
Accounts receivable trade (284,785) 65,379 51,670
Amounts due from subsidiaries (68,912) 26,828 (17,347)
Prepaid expenses and other current assets (85,754) (72,188) 33,283
Other non-current assets 20,357 (11,913) (24,037)
Accounts payable 11,023 (89,180) 209,175
Amounts due to subsidiaries (171) (9,773) (5,798)
Liability for uncertain tax positions (7,281) (623) (4,775)
Net deferred tax assets (67,386) (21,439) (12,455)
Net settlement of derivatives 31,886 33,054 (27,012)
Net cash provided by (used in) operating activities (408,254) (120,541) 600,111
Investing activities:      
Net cash used in investing activities (429,570) (319,662) (294,102)
Financing activities:      
Repayment of short-term borrowings (1,879,884) (1,561,597) (1,649,721)
Net proceeds from issuance of common shares 148,510    
Proceeds from changes in ownership interests in subsidiaries without change of control 10,003 261,332 11,488
Net proceeds from issuance of convertible notes     (127,500)
Payments for repurchase of common shares   (5,963) (11,845)
Proceeds from exercise of stock options   1,035 875
Net cash provided by (used in) financing activities 614,071 823,501 (34,614)
Effect of exchange rate changes 18,320 50,997 (6,965)
Net increase (decrease) in cash, cash equivalents and restricted cash (205,433) 434,295 264,430
Cash, cash equivalents and restricted cash at the beginning of the year 1,639,715 1,205,420 940,990
Cash, cash equivalents and restricted cash at the end of the year 1,434,282 1,639,715 1,205,420
Supplemental disclosure of cash flow information:      
Interest paid (net of amounts capitalized) 71,006 78,747 85,362
Parent Company | Reportable Legal Entities [Member]      
Operating activities:      
Net income 95,248 146,703 171,585
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 150 156 154
Accretion of convertible notes 1,461 388  
Loss on disposal of subsidiaries     116,879
Loss (gain) on change in fair value of derivatives (4,043) (25,341) 5,193
Allowance for credit losses   357 (83)
Equity in earnings of subsidiaries (101,385) (171,293) (308,597)
Share-based compensation 8,808 12,350 10,682
Changes in operating assets and liabilities:      
Amounts due from subsidiaries (206,892) 287,865 (43,630)
Prepaid expenses and other current assets 17,353 (13,183) 17,012
Other non-current assets (4,907) 28,459 (1,158)
Amounts due to subsidiaries (42,224) (340,502) 183,675
Other current liabilities (27,293) 31,809 (2,707)
Liability for uncertain tax positions (5,915) 306 408
Net deferred tax assets 805 (468) (1,292)
Net settlement of derivatives 4,633 19,517 (11,125)
Net cash provided by (used in) operating activities (264,201) (22,877) 136,996
Investing activities:      
Investments in subsidiaries (138,456) (126,487) (36,146)
Investments in affiliates (5,273) (2,766) (2,483)
Funding of loans to subsidiaries (201,192) (264,848) (40,600)
Repayment of loans from interest receivables 253,816 20,485 12,809
Net cash used in investing activities (91,105) (373,616) (66,420)
Financing activities:      
Repayment of short-term borrowings (80,000) 30,000  
Proceeds long-term borrowings     50,000
Funding of loans from a subsidiary 280,000    
Net proceeds from issuance of common shares 148,510    
Proceeds from changes in ownership interests in subsidiaries without change of control   224,553  
Net proceeds from issuance of convertible notes   222,826  
Payments for repurchase of convertible notes     (127,500)
Payments for repurchase of common shares   (5,963) (11,845)
Proceeds from exercise of stock options   1,035 875
Net cash provided by (used in) financing activities 348,510 472,451 (88,470)
Effect of exchange rate changes (797) (43,246) 11,110
Net increase (decrease) in cash, cash equivalents and restricted cash (7,593) 32,712 (6,784)
Cash, cash equivalents and restricted cash at the beginning of the year 35,025 2,313 9,097
Cash, cash equivalents and restricted cash at the end of the year 27,432 35,025 2,313
Supplemental disclosure of cash flow information:      
Interest paid (net of amounts capitalized) $ 20,272 $ 7,966 $ 4,644